Month: July 2011

The White House on Sunday night issued a fact sheet on the budget and debt limit deal reached with Congressional leaders. Here is the way the Obama Administration frames the accord with Congress that averted a U.S. Government default. = THE WHITE HOUSE Office of the Press Secretary FOR IMMEDIATE …

Here is the transcript of President Obama’s remarks to reporters at the White House on Sunday evening, announcing that a deal had been reached between Congressional leaders and the President on a budget and debt limit measure. The transcript was provided by the White House. = REMARKS BY THE PRESIDENT …

Here are quotes by Speaker John Boehner from a conference call Sunday night with Republicans in the U.S. House on the debt limit deal reached between Congressional leaders and the White House. The quotes were provided by Boehner’s office. = “The press has been filled with reports all day about …

While Republicans and Democrats say there is agreement on an outline for a debt limit deal, the fine print is still being worked out, making it a waiting game on this Sunday for lamwakers in both the House and Senate. “It feels like they’re going to finish the deal today; …

After a day filled with verbal broadsides from both parties, there was evidence late Saturday night that major progress had suddenly been made on an increase in the nation’s debt limit, as negotiations resumed at the White House. “Mr. President, there are negotiations going on at the White House now,” …

The early hours of work from the U.S. Congress on this Saturday featured more finger pointing and blame game from Democrats and Republicans, even as leaders of both parties repeated their optimism that there would be a debt deal before a Tuesday deadline. “Our country is not going to default,” …

After posting the text of the debt limit plan from Senate Majority Leader Harry Reid (as of Friday night), here is the text of the debt limit bill that was approved by the House on Friday by a vote of 218-210. If you take the time to compare and contrast …

On Friday night, Senate Majority Leader Harry Reid made some changes to the debt limit plan he issued earlier this week, as the Congressional Budget Office reported that it will now save $2.4 trillion over 10 years, compared to the $917 billion in savings from a GOP plan passed by …

The road to a deal on raising the nation’s debt limit now runs squarely through the U.S. Senate, as lawmakers in Congress get ready for a weekend of work and finger pointing, with just three days until an Obama Administration deadline that has spurred furious political activity in Washington, D.C. …

Here is the breakdown of Friday’s vote in the House of Representatives, as Republicans won approval of a controversial debt limit bill on a vote of 218-210. = FINAL VOTE RESULTS FOR ROLL CALL 677(Republicans in roman; Democrats in italic; Independents underlined) S 627 RECORDED VOTE 29-Jul-2011 6:25 PM QUESTION: On Passage BILL TITLE: Budget Control Act of 2011 …